"Kira is an important part of our wider innovation agenda, which is driven by our commitment to outstanding client service. The significant benefits in speed of delivery and cost-effectiveness showcased by Kira on this matter is a great example of how contract review software is enabling our Legal Services Centre to deliver even greater value to clients around the world."
"Kira enabled us to deliver greater value to our client in the form of cost savings through global right sourcing of due diligence tasks and diligence review."
"Using the review as an opportunity to extract data for our client’s new contract management system enabled us to add value to the lease review process beyond IFRS 16, and provide our client with valuable information that it will be able to leverage in other contexts."
"Our firm employs technologies delivered by market leaders such as Kira Systems to help us meet client demands for cutting-edge legal analysis and advice in the most efficient manner possible, while also maintaining a consistently high standard of client service and collaboration."
“Latham & Watkins is at the forefront of innovation in the legal sector, and we’re excited to be working with the firm and its lawyers to deploy Kira Systems' state of the art technology to provide their clients exceptional value, service, and efficiency."
"Leveraging Kira’s machine learning technology has allowed AAIS to deconstruct traditional insurance policies across a wide variety of products into clause-level data. The insights gained from the ability to perceive language as data objects has not only streamlined our product development process in response to today’s market drivers, it has also positioned AAIS to be thought leaders in how insurance products will be constructed and issued in the ever-changing future."
“It’s not replacing a lawyer. It’s just making lawyers in certain situations 10, 20, 30% more efficient - and that’s going to be enough to beat your competitor, so it is something you’ve got to address. Some partners ask, ‘Is it replacing me?’ And if the answer is no, it’s not replacing them, then they just stick to how they worked before. I believe that’s a mistake. Over time, they will gradually get less and less of the work because their clients will just turn to competitors who use technology to make themselves more efficient.”
“It’s part of our intake form. We obtain partner approval to use Kira before we dive into a deal. Partners have said, ‘If it makes you more efficient, that’s what you should use."